Culture
Mastercard wins UK court nod for £200 million deal to end £10 billion class action claim
MASTERCARD won a London court’s approval for the 200 million euros (S$279.44 million) agreed to pay to end a high profile class action…
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Culture
Hong Leong Finance posts 10% rise in H2 profit to S$51.5 million, as net interest margin expands
HONG Leong Finance posted a 10 per cent rise in net profit to S$51.5 million for the six months ended December 2024. This was driven by an…
Culture
Venture posts 6.6% fall in H2 net profit to S$121.4 million on weakness in lifestyle consumer segment
VENTURE Corporation posted a 6.6 per cent year-on-year decline in net profit to S$121.4 million for the half year ended Dec 31, 2024, from…
Culture
Trust Bank hits one million customers, launches investment products
SINGAPORE digital bank Trust Bank has hit the one-million-customer milestone, making up about 20 per cent of the adult population in the…
Culture
StarHub H2 net profit up 7.5% at S$78.4 million
STARHUB on Friday (Feb 21) posted a net profit of S$78.4 million for the second half of its financial year ended December, up 7.5 per cent…
Culture
Seatrium achieves first full-year profit with S$120.9 million H2 earnings
On its return to profitability, the company proposes a final dividend of S$0.015 a share SEATRIUM swung into the black with a net profit…
Culture
Sing Investments & Finance H2 net profit up 21% at S$20.3 million
SING Investments & Finance (SingFinance) posted a 21 per cent increase in net profit to S$20.3 million for the half year ended Dec 31,…
Culture
Genting Singapore posts 34% fall in H2 net profit to S$222 million
GENTING Singapore posted a 34 per cent fall in net profit to S$222 million for the half-year ended Dec 31, 2024, from S$334.9 million in…
Culture
Manulife US Reit to sell Plaza office building for US$40 million as H2 distributable income falls 57.6%
THE manager of Manulife US Real Estate Investment Trust (Reit) reported on Thursday (Feb 20) that its distributable income fell 57.6 per…
Culture
Novo seeks US$830 million from Singapore firm, accusing it of fraud over drug
Novo Nordisk is seeking as much as US$830 million in damages in a Singapore court, saying it was misled by a local biotech about the…
Culture
CSE Global records S$235.3 million in new Q4 orders
SYSTEMS integrator CSE Global has secured S$235.3 million worth of new orders for the fourth quarter ended Dec 31, 2024. In a bourse…
Culture
Singapore’s Foundation Healthcare eyes over US$100 million fundraising: sources
SINGAPORE’S Foundation Healthcare Holdings is looking to conduct a funding round that could raise more than US$100 million and value the…
News
HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, the ambitious start-up behind the Ai Pin device that aimed to one day replace smartphones, agreed to sell parts of its business to…
Culture
Parkson Retail Asia reports S$5.8 million in Q4 profit
Earnings per share for its continuing operations stands at S$0.0086, down from S$0.0116 previously DEPARTMENT store operator Parkson…
Culture
Sri Trang Agro-Industry swings back to black with Q4 profit of 854.3 million baht
RUBBER group Sri Trang Agro-Industry swung to a net profit of 854.3 million baht (S$34 million) for its fourth quarter ended December,…
Culture
Sri Trang Gloves back in the black with 556.7 million baht in Q4 net profit
GLOVE maker Sri Trang Gloves (Thailand) posted a net profit of 556.7 million baht (S$22.1 million) in the fourth quarter ended Dec 31,…
Culture
Marco Polo Marine CEO increases stake; ESR Reit buys back 5 million units
OVER the five trading sessions from Feb 7 to 13, institutions were net buyers of Singapore stocks, leading to a net institutional inflow…
Lifestyle
BE BOLD Leadership Campaign Raises $415 Million to Help Strengthen Broward's Future | Lifestyle Media Group
The Community Foundation of Broward’s recent BE BOLD Leadership Campaign raised $415 Million to tackle Broward’s biggest challenges. The…
News
Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million
Some people binge-watched shows during the Covid pandemic. Others picked up pickleball. But according to federal prosecutors, one Las…
Culture
UOI’s net profit increases 10% to S$27 million in H2 FY2024
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$27 million for the second half of its 2024 fiscal year ended…
Culture
UOI’s H2 profit down 9.8% at S$15.6 million
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$15.6 million for the second half of its 2024 fiscal year…
Culture
SIA Engineering Q3 net profit up 19.7% to S$38.2 million
SIA Engineering (SIAEC) reported that its net profit for the third quarter ended Dec 31, 2024, increased 42 per cent to S$38.2 million,…
Culture
Fu Yu warns of loss for FY2024 on non-cash impairments of S$4 million
Excluding these, the group expects to post an operating profit and an improvement in financial performance for the fiscal year…
Culture
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5 million
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for H1 FY2025, marking a 16.9 per cent decline…